The Role of Accounting Conservatism in the Equity Market: Evidence from Seasoned Equity Offerings

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The Effect of Accounting Conservatism on Corporate Investment during the Global Financial Crisis: THE EFFECT OF ACCOUNTING CONSERVATISM (2016, unknown): “The mean values are 0.78 for Skewness and 0.14 for Basu, which are generally consistent with prior studies such as Givoly and Hayn (2000), Kim et al. (2013) and Balakrishnan et al. (2014).”
Accounting Conservatism and Firm Investment Efficiency (2016, unknown): “Prior evidence shows that conservatism arises in response to information asymmetries (LaFond and Watts, 2008; Khan and Watts, 2009) and that it can lower the negative consequences of information asymmetry for debt and equity markets (Wittenberg Moerman, 2008; Kim et al., 2013).”
The implications of research on accounting conservatism for accounting standard setting (2015, background): “Most of the evidence shows that conditional conservatism reduces the cost of capital (Artiach and Clarkson 2010, Garcı́a Lara et al. 2011, Kim et al. 2013, Li, forthcoming), although there is some evidence to the contrary (Chan et al. 2009).”
Conditional conservatism and the limits to earnings management (2020, unknown): “If conservatism plays a more important role in settings with greater information asymmetries (as hypothesized in LaFond and Watts (2008) or Garcia Lara et al.”
Political Uncertainty and Accounting Conservatism (2013, unknown): “2012), and reduces financing costs (García Lara et al. 2011; Kim et al. 2013) and stock price crash risks (Kim and”